https://knews.kathimerini.com.cy/en/business/techisland-and-mercer-join-forces-to-revolutionize-tech-industry-compensation-in-cyprus
A new era for the booming Tech Industry...
https://knews.kathimerini.com.cy/en/business/cyprus-banks-strict-adherence-to-sanctions-worries-legitimate-entities
Banks have become cautious regarding sanctions imposed by the USA, EU, and UK, and they are not willing to take any risk in serving individuals or entities in Cyprus who are subject to sanctions....
https://knews.kathimerini.com.cy/en/business/taxapp-cy-the-easy-way-to-submit-a-tax-return
With TaxApp, taxpayers can easily and quickly submit their tax returns while ensuring correct submission.
...
https://knews.kathimerini.com.cy/en/comment/opinion/is-it-the-beginning-of-the-end-of-the-gender-pay-gap
Imagine you are Anna, a dedicated and hardworking engineer with a passion for your work. You've spent years honing your skills and made a significant contribution to your company's success....
https://knews.kathimerini.com.cy/en/business/the-safety-of-distributors-is-under-the-microscope
Distributors of food delivery platforms continued to demand better working conditions three months after strikes began and consultations began to establish a framework of conditions....
https://knews.kathimerini.com.cy/en/business/eu-states-need-foreign-workers-and-are-changing-their-requirements
Working in EU: Recent Changes You Must Be Aware of If You Are Planning to Get a Job in Any of the Member States...
https://knews.kathimerini.com.cy/en/business/investigation-into-understaffing in-the-tourism-industry-is-imminent
The start of the summer travel season is anticipated to occur around the end of March or the beginning of April, along with the reopening of hotel facilities that were closed during the winter....
https://knews.kathimerini.com.cy/en/business/ey-presents-report-on-the-future-of-banking-in-cyprus
The report showcases the importance and contribution of Cypriot banks to the wider economy and society, and identifies current and upcoming challenges and opportunities...
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-proceeds-with-raises-and-benefits-amounting-up-to-€900-000-for-its-700-employees
It proves in practice, once again, its dedication and continuous investment in its people....
https://knews.kathimerini.com.cy/en/news/k-reveals-the-salaries-of-n-christodoulides-and-his-ministers
Cyprus has been waiting since Monday for the names of the new Cabinet and the rest of the group of state officials who will take office. As President-elect Christodoulides continues to scout for his ministers, K's sources are saying that the new Cabinet will be firmly in place during the upcoming week, closer to the day of the 'changing of the guard' at the Presidential Palace....
https://knews.kathimerini.com.cy/en/business/companies-laying-off-employees-to-hire-new-ones-at-lower-salaries
Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...
https://knews.kathimerini.com.cy/en/news/strike-set-to-affect-flights-in-cyprus
Cyprus is bracing for a national three-hour strike on Thursday, between 12 noon and 3 pm, which is expected to affect most aspects of public life in the republic including transport and air traffic...
https://knews.kathimerini.com.cy/en/business/tech-companies-calling-for-employee-naturalizations-after-5-years
Following the 2023 Presidential Elections and the resumption of the meetings of the House of Representatives, ICT companies will begin "pushing" for the right to apply for naturalization after 5 years of residence and work in the Republic of Cyprus,...
https://knews.kathimerini.com.cy/en/news/qatargate-eva-kaili-s-testimony
One day after her arrest, SKAI reveals Eva Kaili's answers to the investigator during her testimony to Belgian authorities....
https://knews.kathimerini.com.cy/en/news/wolt-delivery-drivers-labor-violations-confirmed-fines-to-be-imposed
Following interviews with 94 deliverymen working for an online platform, the director of the Labour Relations Department of the Labour Ministry, Antis Apostolou, said on Wednesday that violations relating to undeclared work and non-licensing to employ third-country nationals have in some cases come to light....
https://knews.kathimerini.com.cy/en/comment/opinion/the-fall
The tale of Eva Kaili is a metaphor for the glitzy, quick ascent to power in politics and the ultimate fall from grace brought on by dishonesty. After all, a corrupt politician is one who has been bribed by the state or a private individual....
https://knews.kathimerini.com.cy/en/news/cop-screams-at-wolt-drivers-during-protest-in-cyprus
Wolt drivers in the Republic of Cyprus carried on with demonstrations this week over working conditions and compensation, with one cop known as ‘Black Widow’ getting into a shouting match with food couriers who took to the streets of the capital...
https://knews.kathimerini.com.cy/en/business/tying-up-loose-ends-at-hellenic
Hellenic Bank experienced several changes in 2022, as it closed outstanding issues while also opening new chapters. Hellenic Bank made changes to its top management, staff, shareholding composition, and labor issues in the fourth quarter of 2022, ...
https://knews.kathimerini.com.cy/en/business/the-pay-gap-between-men-and-women-in-cyprus-is-at-9
Gender Equality Commissioner Josephine Antoniou said in a message on the European Union's Equal Pay Day that the pay gap between men and women in Cyprus is 9%, which means that women earn 91 cents for every euro earned by men....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-why-inequality-is-growing-in-the-us-and-around-the-world
U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022....
https://knews.kathimerini.com.cy/en/business/resistance-to-change-is-the-main-issue-in-digital-transformation
The biggest problem faced in the effort for digital transformation is resistance to change, Cyprus’ Deputy Minister for Research, Innovation and Digital Policy, Kyriacos Kokkinos said on Monday in parliament where he presented his Deputy Ministry’s budget for 2023 and the work it has carried out during the past two years since its establishment....
https://knews.kathimerini.com.cy/en/news/unmarried-added-as-afterthought-in-paid-parental-leave-bill
Cypriot lawmakers this week criticized a bill on paid parental leave after it emerged that unmarried parents were not included in the legislation scheduled to go into effect before the year is out...
https://knews.kathimerini.com.cy/en/business/average-employee-gross-earnings-up-3-2-in-2021
The average gross monthly earnings of employees for 2021 increased by 3.2% compared to 2020 to €2,067, reaching a decade high....
https://knews.kathimerini.com.cy/en/news/how-much-loan-can-a-couple-with-an-income-of-€2-000-get
Housing loans are an issue that inevitably affects a large number of young couples. Because housing prices have skyrocketed while wages have remained stagnant, the need for housing leads to borrowing....
https://knews.kathimerini.com.cy/en/business/€100-increase-in-average-gross-monthly-earnings-in-q2-2022
The average gross monthly earnings of employees increased by €100 in the second quarter of 2022, according to provisional data, published by Cyprus Statistical Service on Wednesday. In particular, they reached €2,081, compared to €1,982 in the same period of 2021, recording an increase of 5%....
https://knews.kathimerini.com.cy/en/news/reuters-escape-flights-from-russia-skyrocket-after-military-draft-begins
A sharp rise in internet searches and the purchase of tickets for flights "fleeing" from Russia is reported by Reuters, in the wake of the partial conscription announced by Vladimir Putin, seven months after the invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/gender-pay-gap-in-cyprus-at-9-needs-improvement
Commissioner for Gender Equality, Iosifina Antoniou, in her statement for International Equal Pay Day, highlights the long-standing struggles to achieve equal pay for work of equal value between men and women, noting that the wage gap in Cyprus continues to exist and stands at 9%....
https://knews.kathimerini.com.cy/en/news/eu-to-set-new-rules-on-minimum-wage
The need for the immediate adoption of an adequate minimum wage that will allow employees to live with dignity was discussed by the Plenary of the European Parliament on Tuesday, which is expected to vote on a relevant directive on Wednesday....
https://knews.kathimerini.com.cy/en/news/cyprus-minimum-wage-set-at-940-euros-per-month
The Minister of Labour and Social Insurance, Kyriakos Kousios, announced the establishment of the National Minimum Wage after the meeting of the Council of Ministers, calling it a historic day for the welfare state....
https://knews.kathimerini.com.cy/en/news/eu-states-facilitating-employment-of-third-country-nationals-to-ease-labor-shortage
The European Union’s population is aging. The factors behind this phenomenon are many, but the declining fertility rates and the increased life expectancy, along with migration to countries like the United States, the United Kingdom, Canada, and Australia, are the main ones....
